Jaden purchased a bike by paying rs 52000 if the value depreciate by 10% find the value of the bike after 3 years
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Answered by
1
Answer:
Original price of bike P=52,000
Rate of depreciation =10 i.e. R=10 and n=3
To find A
We know that,
A=P(1− R/100)n
52000(1-10/100)³
52000 x (0.9)³
=37908Rs
Hence, the value of the bike after 3 years will be Rs 37908
Answered by
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➷Question:-
Jaden purchased a bike by paying Rs.52000 if the value depreciate by 10% find the value of the bike after 3 years
➷Required Answer:-
◍Given:-
- Value of the bike = Rs. 52000
- Value depreciate = 10%
◍To Find:-
- Value of the machinery after 3 years.
◍Solution:-
We know that:-
- Decreased value = Initial value (1 - Rate/100) ^Time
We have:-
- Initial value = 52000
- Rate = 10%
- Time = 3 years
Substituting the value:-
- Decreased value = 52000( 1 - 10/100)³
- => Decreased value = 52000 ( 1 - 0.1)³
- => Decreased value = 52000 x 0.9³
- => Decreased value = 52000 x 0.729
- => Decreased value = 37,908
✥Hence, the value of the machinery after 3 years will be 37908
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